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2021-08-05

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Goldman Sachs boosts S&P 500 price target

Strategists at Goldman Sachs on Thursday lifted their S&P 500 targets for both this year and next, c

Goldman Sachs boosts S&P 500 price target

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·2021-08-05
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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs boosts S&P 500 price target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 17:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/goldman-sachs-boosts-s-p-500-price-target-11628154457?mod=hp_LATEST><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Strategists at Goldman Sachs on Thursday lifted their S&P 500 targets for both this year and next, citing better-than-expected earnings and lower-than-expected interest rates.\nThe investment bank ...</p>\n\n<a href=\"https://www.marketwatch.com/story/goldman-sachs-boosts-s-p-500-price-target-11628154457?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/goldman-sachs-boosts-s-p-500-price-target-11628154457?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129370946","content_text":"Strategists at Goldman Sachs on Thursday lifted their S&P 500 targets for both this year and next, citing better-than-expected earnings and lower-than-expected interest rates.\nThe investment bank lifted its year-end S&P 500 SPX,-0.46% target to 4,700 from 4,300 — implying a 7% advance to the end of 2021 — and moved its 2022 target to 4,900 from 4,600.\nStrategists led by David Kostin point out that earnings per share growth has accounted for all of the major index’s 17% return this year.\n\n“In the near term, we expect upward revisions to EPS estimates and declining concerns about the delta variant spread to drive equity upside, but the path of the virus and its economic impact have proven difficult to predict,” said the strategists.\nAny surprise business or regulatory developments for tech giants Apple AAPL,-0.28%, Microsoft MSFT,-0.21%, Amazon AMZN,-0.34%, Alphabet GOOGL,-0.37% and Facebook FB,+2.19% — 23% of the S&P 500’s market cap — could limit upside, they added.\nThey also expect a narrower version of President Joe Biden’s proposed tax plan to pass Congress.","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5435515,"gmtCreate":1628159248619,"gmtModify":1663231968239,"authorId":3585552343496872,"author":{"id":3585552343496872,"authorId":3585552343496872,"name":"Tc1090","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899392008,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?","likeSize":0,"commentSize":1,"subComments":[{"id":5435644,"gmtCreate":1628160575531,"gmtModify":1663231970932,"authorId":3579391265651951,"author":{"id":3579391265651951,"authorId":3579391265651951,"name":"CharlesKing","avatar":"https://static.tigerbbs.com/d8fbdcf3295ba7f84c1f2205610ea968","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899392008,"type":1,"supId":5435515,"prevId":0,"content":"yes","text":"yes","html":"yes"}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}